1. Startup

Pluang to Offer New Asset Class Micro E-mini Nasdaq 100 Index Futures

Adds up to the Micro E-mini S&P Index Futures released in November 2020

Pluang wealthtech platform will offer the Micro E-mini Nasdaq 100 Index Futures investment asset class, a derivative futures product traded on the Chicago Merchantile Exchange (CME). This investment product adds up to the range of asset classes available in Pluang, from gold, mutual funds, crypto assets, and Micro E-mini S&P Index Futures released in November 2020.

Pluang's Co-Founder, Richard Chua said, the Nasdaq 100 Index is an index that tracks the stock performance of the 100 largest non-financial companies on the Nasdaq exchange and is dominated by leading global technology companies. The Nasdaq 100 currently has a stock market capitalization of $15 trillion.

“Many of our customers are familiar with the brands of tech companies such as Microsoft (MSFT), Facebook (FB), Amazon (AMZN), Apple (AAPL), and Alphabet (GOOG/GOOGL). They also familiar with its product, brand and business model. Our Nasdaq 100 Index product now allows investors to directly invest," he said in an official statement, Monday (20/9).

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